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Search results for “Blackstone”
Hilton CEO expects China operation to grow 50% in 2018
10/20/2018
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11:47:25 AM
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"Our unit growth this year in China will probably be up 50%, I expect. It’s up a similar amount next year", said Chris Nassetta, CEO of Hilton.
Sino-US travel hit by trade war, Tencent to buy $400m stake in Meituan IPO, and more
09/03/2018
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10:51:01 AM
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Chinese tourists to Russia increased by 150% in January-July 2018. Weekly travel bookings from China to the US dropped by 8.4%. Meituan is to go public in Hong Kong on Sept. 20, and Tencent plans to buy $400 million worth of shares in the IPO.
Blackstone ends landmark hotel sale to Anbang
10/24/2016
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3:50:40 PM
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San Diego’s Hotel del Coronado was part of Strategic purchase in which the Chinese insurer already bought 15 of 16 hotels in USD 6.5 billion deal.
HNA to snap up CIT's jet-leasing and Blackstone's IT asset
10/08/2016
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11:55:53 AM
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HNA Group agreed to buy CIT’s aircraft-leasing business for USD 10 billion and acquire Blackstone's major Chinese asset Pactera Technology for USD 675 million in cash.
Chinese firm takes 21% stake in SeaWorld for $429 million
03/25/2017
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9:56:18 PM
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Chinese real estate investment firm Zhonghong Zhuoye announced that it has become the largest shareholder in SeaWorld and intends to import the US company's controversial theme parks into China.
Inside Airbnb’s battle to stay private
02/07/2018
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9:09:51 AM
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Airbnb's founders and early employees have little financial incentive to push for an IPO; Sequoia Capital, as the largest outside shareholder with a 13% stake didn’t support its IPO either.
China updates 'sensitive sectors' for outbound investment in hotels
02/13/2018
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3:56:49 PM
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China updated its list of "sensitive sectors" on February 11 for outbound investment in properties, hotels, cinemas, entertainment, sports clubs and equity investment funds.
Wyndham nears deal to sell European vacation rentals business to Platinum
02/09/2018
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2:48:03 PM
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The move is meant to allow the separate units to better focus on their specific segments of the lodging sector to generate growth through acquisitions and other strategies.
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